Stocks to Watch, Mar 26: Stocks like Maruti Suzuki India, Minda Corporation, Oil and Natural Gas Corporation, Siemens India, Brainbees Solutions, TVS Motor Company, Indian Overseas Bank, Jyothy Labs, Bharat Heavy Electricals, Indegene, DLF, Asahi India Glass, Dredging Corporation of India, and NTPC Green Energy will be in focus on March 26.
Stocks like Glaxosmithkline Pharmaceuticals, Container Corporation, Prestige Estates Projects, Capri Global Capital, Redington, Motisons Jewellers, Honeywell Automation, MTAR Technologies, and Welspun Enterprises will also be in focus on October 30.
Welspun Enterprises Share Price | The share touched a 52-week high of Rs 619.00 and a 52-week low of Rs 241.00 on 26 August, 2024 and 26 October, 2023, respectively.
IDFC First Bank, Dr Reddy’s Laboratories, Punjab National Bank, ICICI Prudential Life Insurance Company, Bharat Electronics, Tata Chemicals, Adani Enterprises, and Adani Energy Solutions will also be in focus on September 30.
Tata Motors, L&T Technology Services, Paras Defence and Space Technologies, Muthoot Capital Services, Indian Renewable Energy Development Agency, Welspun Enterprises, and BEML will also be in focus on Thursday.
The quoted amount is Rs 1,864.71 crore and will be constructed within 36 months from the date of notice of commencement," the company said
In the quarter ended December, the company posted net profit of Rs 79.92 crore against Rs 401.58 crore, YoY.
The acquisition is in line with the strategy of Welspun Enterprises to grow the water infrastructure business segment and enable its entry into the tunnelling business, the company said.
Welspun Enterprises' June quarter net profit almost doubled to Rs 92.8 crore, while consolidated income was up 5 percent to Rs 750 crore